Apple Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Apple Inc. (AAPL) advanced 1.33% to $150.47 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.45% to 11,188.84 and the Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Apple Inc. closed $29.14 below its 52-week high ($179.61), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) rose 2.14% to $253.92, Alphabet Inc. Cl C (GOOGL) rose 0.71% to $91.66, and Alphabet Inc. Cl A (GOOGL) rose 0.53% to $91.11. Trading volume (83.8 M) eclipsed its 50-day average volume of 69.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:33 ET (20:33 GMT)
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